$489,000
●
House -
In Contract
773 Riesling
Hemet, CA 92545
4 Beds
3 Baths
2,581 Ft²
$2,402
Est. Monthly
About This Property
***$20,000 PRICE ADJUSTMENT*** INVESTORS BRING ME YOUR OFFERS! This
Home is a great flip! It needs paint and flooring. It needs
landscaping.
4 Bedrooms (1 Downstairs) with 3 Full Bathrooms (1 Downstairs) with VERY LOW TAXES AND NO HOA. This Home showcases a Formal Living and Dining Room. The Kitchen has an Island with an additional space for a Dining Table. It flows into the Family Room, which has a fireplace for your enjoyment! Upstairs, the Primary Suite has 2 Walk In Closets and the remaining 2 Bedrooms share an adjacent Bathroom. The POOL SIZED LOT is a blank space for your outdoor vision! This home is priced to sell! Come see it today- Seller is motivated.
4 Bedrooms (1 Downstairs) with 3 Full Bathrooms (1 Downstairs) with VERY LOW TAXES AND NO HOA. This Home showcases a Formal Living and Dining Room. The Kitchen has an Island with an additional space for a Dining Table. It flows into the Family Room, which has a fireplace for your enjoyment! Upstairs, the Primary Suite has 2 Walk In Closets and the remaining 2 Bedrooms share an adjacent Bathroom. The POOL SIZED LOT is a blank space for your outdoor vision! This home is priced to sell! Come see it today- Seller is motivated.
Unit Size
2,581 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$189
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2005
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 15 days ago (CRMLS #SW26196635)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2026 | In contract | - | |
| In contract | |||
| Sep 29, 2026 | Price Decreased |
$489,000
↓ $21K
(4.1%) | |
| Price Decreased | |||
| Sep 9, 2026 | Listed by Redfin Corporation | $510,000 | |
| Listed by Redfin Corporation | |||
| Jan 7, 2022 | No longer available | - | |
| No longer available | |||
| Dec 11, 2021 | In contract | - | |
| In contract | |||
Show More
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Garage Faces Front, Garage, DoorSingle
Garage Spaces: 2
Open Parking Spaces: 4
Interior Details
Full Bathrooms: 3
Interior Features: Storage, Walk-In Closet(s)
Appliances: Dishwasher, Microwave
Flooring Type: Carpet, Stone, Tile
Laundry Features: Washer Hookup, Electric Dryer Hookup, Laundry Room
Has Fireplace
Fireplace Features: Kitchen, Living Room
Exterior Details
Square Footage: 2581
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 2005
Levels: Two
Pool Features: None
Lot Features: Back Yard, Front Yard
Lot Size Area: 7405
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7405
Tax Lot: 50
Water Source: Private
Utilities Details
Cooling Type: None
Heating Type: Fireplace(s)
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Hemet
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Listed by: Amber Esquibel, Redfin Corporation
Last Updated: 15 days ago
Data Source: CRMLS, MLS# SW26196635
Last Updated: 15 days ago
Data Source: CRMLS, MLS# SW26196635
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